MarketFriction

Kshitij Polyline Ltd

NSE KSHITIJPOL · Printing Inks
₹3.94 -4.83%
NSE close2026-10-01
52 week range1.88 - 7.20
Market cap₹107 Cr.
P/E27.6
ESM Price band 5%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales16.1014.0415.0411.5613.0710.616.669.1011.9710.5413.1414.35
Expenses16.8516.7812.4910.6716.0711.6410.998.3211.349.829.4113.17
Operating Profit-0.75-2.742.550.89-3.00-1.03-4.330.780.630.723.731.18
OPM %-4.66%-19.52%16.95%7.70%-22.95%-9.71%-65.02%8.57%5.26%6.83%28.39%8.22%
Other Income0.386.000.100.120.230.950.620.500.860.620.350.60
Interest0.860.710.020.211.060.310.950.460.470.270.220.56
Depreciation0.250.260.430.220.150.360.930.500.660.571.200.67
Profit before tax-1.482.292.200.58-3.98-0.75-5.590.320.360.502.660.55
Tax %1.35%0.87%30.91%13.79%-2.01%0.00%-3.04%0.00%0.00%0.00%15.79%0.00%
Net Profit-1.492.281.520.50-3.90-0.50-3.810.450.510.612.170.47
EPS in Rs-0.120.180.120.04-0.31-0.04-0.310.040.020.030.100.03
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales39.0433.8659.3641.9144.7550.00
Expenses35.2830.4660.4548.5038.9343.74
Operating Profit3.763.40-1.09-6.595.826.26
OPM %9.63%10.04%-1.84%-15.72%13.01%12.52%
Other Income0.040.106.791.912.182.43
Interest2.081.632.182.531.431.52
Depreciation1.101.271.171.662.613.10
Profit before tax0.620.602.35-8.873.964.07
Tax %33.87%40.00%31.49%-1.92%10.61%
Net Profit0.420.361.61-6.843.873.76
EPS in Rs0.030.030.13-0.550.180.18
Dividend Payout %0.00%0.00%0.00%0.00%0.00%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth%%10%27%
Compounded Profit Growth%%121%150%
Stock Price CAGR%-9%-6%40%
Return on Equity%0%-1%8%
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital10.1310.1310.1317.8030.85
Reserves8.2812.2610.1618.9232.20
Borrowings17.2721.8545.8215.0618.78
Other Liabilities4.915.008.254.917.11
Total Liabilities40.5949.2474.3656.6988.94
Fixed Assets11.1611.3021.8910.2816.99
CWIP0.000.001.000.000.00
Investments0.000.000.005.462.49
Other Assets29.4337.9451.4740.9569.46
Total Assets40.5949.2474.3656.6988.94
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity3.89-1.27-7.97-8.63-0.91
Cash from Investing Activity-2.55-4.51-12.3215.57-27.38
Cash from Financing Activity-1.918.8617.68-7.3628.32
Net Cash Flow-0.573.08-2.60-0.410.03
Free Cash Flow2.15-3.48-17.670.07-10.23
CFO/OP106%-32%727%131%-16%
Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days56.7562.7466.5944.8550.57
Inventory Days197.13253.97102.7079.71186.35
Days Payable51.7648.1935.3216.3955.41
Cash Conversion Cycle202.13268.52133.98108.17181.51
Working Capital Days91.3478.1543.84155.46346.40
ROCE %5.58%8.21%-10.76%8.07%
Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026Sep 2026
Promoters0.64%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
FIIs0.49%0.49%0.49%0.28%0.28%0.30%0.30%0.16%0.16%0.16%0.16%0.12%
Public98.87%99.51%99.51%99.72%99.72%99.70%99.70%99.84%99.84%99.84%99.84%99.88%
No. of Shareholders49,62846,60650,53075,55689,69785,97283,09580,26877,64975,4651,03,38499,949

Fundamentals

Market Cap₹ 107 Cr.
Current Price₹ 4.35
Stock P/E27.6
Book Value₹ 2.92
ROCE8.07 %
ROE7.76 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)27%
Compounded Profit Growth (TTM)150%
Consolidated figures.
Ownership
Promoter holding0.00% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
PeriodKSHITIJPOLNifty 50Difference
1 week-22.1%-2.8% -19.4 pts
1 month+37.8%-6.8% +44.6 pts
3 months-3.9%-7.6% +3.7 pts
6 months+77.5%+0.4% +77.1 pts
1 year+30.5%-9.9% +40.4 pts
2 years-37.9%-13.6% -24.3 pts
3 years-28.4%+14.2% -42.5 pts
5 years-46.8%+27.9% -74.6 pts

Red flags

lookOn NSE surveillance On NSE surveillance: ESM
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹14 Cr +57.7% vs Jun 2025. Net profit ₹0 Cr +4.4%.

Activity

Compare
CompanyMcap (Cr)P/EROCE
DIC India Ltd57118.66.42 %
No bulk or block deals on record.
Ex-dateActionFactor
2026-08-19Rights 2:5 @ Premium Rs 1.17/-
2024-06-18Rights 4:5 @ Premium Rs 4.40/-
2022-10-27Face Value Split (Sub-Division) - From Rs 10/- Per Share To Rs 2/- Per Share0.2000
DateTypeWhat it says
2026-09-29AppointmentRe-appointment of Mrs. Vineeta Jain as Whole-Time Director of the company w.e.f. January 30, 2027.
2026-09-29Shareholder meetingKshitij Polyline Limited has submitted the Exchange a copy Srutinizers report and voting result of Annual General Meeting held on September 29, 2026.
2026-09-29Shareholder meetingProceedings of Annual General Meeting held on September 29, 2026
2026-09-23Change in Company Secretary/Change in Company Secretary/Compliance Officer
2026-09-23Board meeting outcomeOutcome of Board Meeting held on September 23, 2026.
2026-09-23Board meeting outcomeOutcome of Board Meeting held on September 23, 2026.
2026-09-21General UpdatesIntimation of utilisation of funds raised through Right Issue of Equity shares
2026-09-21CorrigendumCorrigendum to Notice of the 18th Annual General Meeting to modify the cut-off date for determining the eligibility of members to cast their votes thr...
2026-09-10Board meeting outcomeOutcome of Board Meeting held on September 10, 2026.
2026-09-10ResignationResignation of Ms Ms. Nikita Dhaval Mehta as Company Secretary & Compliance Officer of the company w.e.f. September 10, 2026.
2026-09-09Clarification - Financial ReThe Exchange has sought clarification from Kshitij Polyline Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (Listi...
2026-09-04UpdatesAs per Regulation 36(1)(b) of SEBI (LODR) Regulations, 2015, a letter containing the web-link to the Annual Report 2025-26 is being sent to shareholde...
2026-09-04Shareholder meetingNotice of Annual General Meeting to be held on September 29, 2026
2026-09-04Board meeting outcomeOutcome of Board Meeting held on September 04, 2026.
2026-09-04AppointmentAppointment of Mrs Vineeta Jain as Whole Time Director of the company for a term of three years w.e.f. January 30, 2027.
2026-08-29General UpdatesSubmission of Corrigendum to Letter of Offer dated August 20, 2026 in relation to the proposed Rights Issue of the Company
2026-08-29Board meeting outcomeOutcome of Board Meeting held on August 29, 2026.
2026-08-20General UpdatesSubmission of Revised Letter of Offer dated August 20, 2026 in relation to the proposed Rights Issue of the Company
2026-08-20General UpdatesSubmission of Corrigendum to Letter of Offer dated August 18, 2026 in relation to the proposed Rights Issue of the Company
2026-08-20Rights IssueBoard of Directors at its meeting held on August 20, 2026, has decided Revision in Rights Issue and Approval of Revised Letter of Offer and Corrigendu...
2026-08-18General UpdatesLetter of Offer for the Rights Issue of Equity Shares of the Company
2026-08-17General UpdatesIntimation of RE ISIN for Rights Issue of Equity Shares
2026-08-13Rights IssueBoard of Directors at its meeting held on August 13, 2026, has decided to issue equity shares on rights basis in the ratio of 2 : 5, i.e 2 Equity Shar...
2026-08-13UpdatesBoard approved the Terms and conditions of Right Issue.
2026-08-13General UpdatesGeneral Updates
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
ESM: stage 1
Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.Updated 2026-10-03